Statistics and Market Data on B2B E-Commerce
This page provides statistics, facts and market data related to business-to-business (B2B) e-commerce. This includes information on B2B e-commerce volume and value, as well as individual sector B2B e-commerce figures, cross-sector acquisitions and communication, and country-specific B2B e-commerce numbers.
B2B e-commerce describes the electronic commerce between businesses at the level of manufacturers, wholesalers, and retailers as opposed to between companies and the general public or governments. A company’s finished product is often the result of multiple B2B transactions that help create a supply chain and furnish it with the goods and materials needed to manufacture that product. The acquisition and transport of supplies invariably requires shipping, the e-commerce value of which has more than doubled in almost every sector in the United States since 2003, and, according to recent statistics, e-commerce transactions in manufacturing shipments have also grown to embody almost half of the value of all manufacturing shipments.
The e-commerce value of wholesale trade, an intermediate step in product distribution, is also a major theme in B2B e-commerce. E-commerce made up roughly 18 percent of the entire merchant wholesale trade sales in 2011, with a value of over 1.5 trillion U.S. dollars. Current market data is often divided up by sector and details the e-commerce value of wholesale trade of industries such as motor vehicles and automotive equipment or furniture, among others.
Transactions between businesses is not limited to retail and the preparation for the sale of products. B2B e-commerce also includes the buying and selling of companies, such as photo-sharing websites or other online domains. Communication and marketing between businesses are also important for the success of this sector, and businesses even utilize social media platforms to help form and maintain relations with other businesses.